QUOTE(Oblivious @ Jan 27 2009, 08:53 PM)
As mentioned above, please give me some advise.
I'm currently taking my A'levels with a combination of Law and Accounting
Initially, i planed to go for LLB but somehow not deciding to be lawyer, I'm more interested in the corporate field, to be a legal adviser or an in-house attorney or something like that.
However, not every company needs an in-house lawyer or a legal adviser.
Accountancy..
I totally have no idea how is the route to become an accountant, ACCA CIMA CAT?? :confused:
Though, I do have some basics of accounting (A'levels)
My questions are:
1. What is the employment rate/ chances to be employed to become a in-house lawyer. Examples of companies that seek legal advisers? (Law)
2. Should I take CLP to be a legal adviser inside a firm? (Law)
3. What should I do to go for ACCA? (Accountancy)
4. There is a saying that when you pick someone randomly in the streets, the chances of him being an accountant is high, is that true? Does it really matters? (Accountancy)
5. If you were me, Law or Accounting? (General)
Thanks.

The first thing u have to ask yourself is whether u prefer acct or law. Think hard about it. If u have decided that it's definitely between these two professions, then think about your own personal abilities if u cant choose between them. The two professions need quite different natural abilities, with law focussing alot more on language to be a good lawyer or adviser, whilst accountancy requires more analysis of figures amongst other general differences. It is true that not all companies require in house lawyers. In Malaysia, the chances of u picking out a law graduate is also high. Does that matter? I personally dun think so. Competition is just going to get stiffer as the years pass, so just work hard and make yourself stand out and you'll be fine.
for accountancy, many prefer to pursue a degree first, and then maybe attempt a professional course like ACCA or CIMA whilst working full time. This may be because of the fact that even though ACCA is recognised as a degree equivalent, some universities and boards still dun recognised prof qualifications for their membership though it's recognition improving. Example would be the ineligibility for prof qualification holders like ACCA to pursue the mature entry route for llb, or certain Masters courses. Plus, it is only recently that CPA Australia recognised ACCA, if im not mistaken twas either 2008 or 2007. That's quite recent. I'm just giving random examples here because these came to my attention. There may be others. Plus, you'll get all those exemptions, and ACCA requires u to pay an annual fee so it helps if u finish it faster. (I cant comment on CIMA, sorry)
Now u may be asking why do two courses which are similar in the first place i.e. a Accounting degree and a prof qual? honestly, i dunno. You have to wait for someone who's done it to stumble upon this thread and make a comment. Possible reasons may be thrown about, but im not gonna assume.
Now im not saying that u cant take just take ACCA itself, which would be a faster route. Im not familiar with the new syllabus, so u have to check that out at a college's website. But a full time student could finish ACCA in 2 years in my time (which is only 3 years ago). It is a very good course, providing you with the required knowledge and i would recommend it.
For law basically, i used to argue that one should not take the CLP unless he wants to practice. That still stands, though im waiting to see how the new CBE is. If it is more practical and proves to be an effective training method, i would believe that it would be good to go for it as it provides extra training to be a good lawyer. yes u may say that i intend to be a legal adviser and not a practicing lawyer, but i believe its the skills that u develop and sharpen that will help u out. Such training may help ur analytical and communication skills. Many law graduates finish the llb not remembering the basics of the law of contract or even tort. Until then, the CLP is still relevant. Dun bother with it for now, and hope that the Government implements the CBE before u graduate so that u can at least see how effective it is and the general response to it before u decide on whether u intend to pursue it.
As i said above, there are quite a number of law graduates around. I dunno how good the employment prospects are for legal advisers, but it would be good for you to check out job sites. If any law graduate can be a legal adviser, then u will have to think about the competition.
for question number 5, i dunno how to answer that, coz i did both courses, but profession wise, im leaning towards accountancy and finance even though i would prefer law on any given day (i have my personal reasons).